What Happened
Indian Aerospace Firm Expands Manufacturing Capacity
Gopalan Aerospace India Private Limited has launched a new production line at its Hoskote facility in Bengaluru, following a $40 million investment in aerospace and defence manufacturing infrastructure. The 10.5-acre facility has over 150,000 sq. ft of manufacturing infrastructure and supports precision machining, composites, aerostructures, and complex assemblies. The company has signed five memoranda of understanding with Czech partners for potential technology and manufacturing collaborations. Gopalan Aerospace’s aerospace business generates approximately $20 million in annual revenue, with a target of 50% year-on-year growth over the next three to five years, as reported by Unknown Source.